Clarkston Conservatory of Music Inc (EIN 383280736) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Phone

2486253640

Tax Period

2024-01-01 to 2024-12-31

Clarkston Conservatory of Music Inc, founded in 1995, is a small nonprofit in the Arts, Culture & Humanities sector that reported $174K in total revenue in fiscal year 2024.

Mission

Music Lessons and Programs

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $173,865

Investment Income $0

Other Revenue $0

TOTAL REVENUE $173,865

Expense Breakdown

Grants Paid $0

Salaries & Benefits $139,124

Fundraising Expenses $0

Program Expenses $170,760

Other Expenses $32,075

TOTAL EXPENSES $171,199

Year-over-Year Comparison

	2024	2023	Change
Revenue	$173,865	$177,173	0.0%
Expenses	$171,199	$176,834	0.0%
Net Income	$2,666	$339	+6.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$27,398

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
James Wilhelmsen	Director	4.00	Director	$16,465	$0	$16,465
Roberta Libstaff	Director	0.00	Director	$1,107	$0	$1,107
Jeff Moore	Director	0.00	Director	$0	$0	$0
Miriam Moore	Director	0.00	Director	$9,826	$0	$9,826
Chris Libstaff	Director	0.00	Director	$0	$0	$0
Mike Bruner	Director	0.00	Director	$0	$0	$0
Joe Fabrizio Jr	Director	0.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$173,865	$171,199	$26,940	$2,666
2023	$177,173	$176,834	$24,274	$339
2022	$213,387	$204,139	$23,935	$9,248
2021	$185,860	$191,738	$22,037	$-5,878
2020	$186,446	$194,741	$27,915	$-8,295

Clarkston Conservatory of Music Inc